U.S. Blockage of Hormuz Sends Oil Higher, Goldman Delivers Strong Earnings

The Rundown · Apr 13, 2026 · 9m

Market update for Monday April 13, 2026

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In today’s episode:

U.S. begins Strait of Hormuz blockade targeting Iran’s oil exports

Goldman Sachs beats earnings expectations, but shares fall on weakness in fixed income trading

Revolution Medicines stock surges after breakthrough pancreatic cancer drug trial results

Best Buy drops after downgrade tied to rising PC prices and weaker demand outlook

McDonald’s enters the energy drink…